Clearway Net Income vs Capital Expenditures Analysis

CWEN-A Stock

USD 25.81 0.24 0.94%

Clearway Energy financial indicator trend analysis is way more than just evaluating Clearway Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearway Energy is a good investment. Please check the relationship between Clearway Energy Net Income and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearway Energy Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Clearway Energy's Net Income and Capital Expenditures is -0.07. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Clearway Energy, assuming nothing else is changed. The correlation between historical values of Clearway Energy's Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Clearway Energy are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Clearway Energy's Net Income and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Clearway Energy financial statement analysis. It represents the amount of money remaining after all of Clearway Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Capital Expenditures

Capital Expenditures are funds used by Clearway Energy to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Clearway Energy operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Clearway Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearway Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At present, Clearway Energy's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.04, whereas Selling General Administrative is forecasted to decline to about 23.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	312M	232M	337M	245.9M
Depreciation And Amortization	664M	701M	727M	387.2M

Interest Expense Depreciation And Amortization

Clearway Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Common Stock Shares Outstanding		0.9	0.89	0.5	0.62	0.86	0.9	0.96	0.89	0.32	0.37	0.61	0.9	0.49	0.61	0.54	0.87	0.87	0.7	0.76	0.88	0.81	0.75	0.53	0.82	-0.52
Total Assets	0.9		0.99	0.58	0.63	0.95	1.0	0.9	0.98	0.34	0.43	0.73	1.0	0.71	0.73	0.61	0.99	0.96	0.72	0.87	0.99	0.82	0.84	0.51	0.96	-0.77
Short Long Term Debt Total	0.89	0.99		0.53	0.67	0.96	0.98	0.9	1.0	0.23	0.39	0.69	0.99	0.73	0.69	0.55	0.99	0.96	0.69	0.92	1.0	0.78	0.79	0.57	0.94	-0.8
Other Current Liab	0.5	0.58	0.53		0.51	0.38	0.56	0.62	0.54	0.18	0.56	0.24	0.55	0.23	0.24	0.29	0.54	0.35	0.9	0.33	0.57	0.45	0.68	0.22	0.66	-0.28
Total Current Liabilities	0.62	0.63	0.67	0.51		0.56	0.61	0.68	0.69	-0.06	0.51	0.17	0.63	0.45	0.17	0.29	0.57	0.54	0.67	0.58	0.67	0.5	0.53	0.95	0.59	-0.46
Total Stockholder Equity	0.86	0.95	0.96	0.38	0.56		0.94	0.82	0.95	0.28	0.32	0.71	0.96	0.67	0.71	0.5	0.95	0.97	0.56	0.92	0.95	0.75	0.72	0.5	0.89	-0.8
Property Plant And Equipment Net	0.9	1.0	0.98	0.56	0.61	0.94		0.9	0.98	0.35	0.46	0.72	1.0	0.73	0.72	0.62	0.98	0.95	0.71	0.85	0.98	0.83	0.83	0.49	0.95	-0.75
Current Deferred Revenue	0.96	0.9	0.9	0.62	0.68	0.82	0.9		0.9	0.28	0.35	0.61	0.9	0.53	0.61	0.5	0.88	0.83	0.77	0.76	0.9	0.78	0.78	0.56	0.86	-0.51
Net Debt	0.89	0.98	1.0	0.54	0.69	0.95	0.98	0.9		0.2	0.41	0.65	0.99	0.74	0.65	0.54	0.98	0.96	0.7	0.92	1.0	0.78	0.78	0.59	0.93	-0.8
Retained Earnings	0.32	0.34	0.23	0.18	-0.06	0.28	0.35	0.28	0.2		0.08	0.59	0.32	0.0	0.59	0.68	0.29	0.3	0.32	0.05	0.25	0.6	0.62	-0.11	0.42	-0.09
Accounts Payable	0.37	0.43	0.39	0.56	0.51	0.32	0.46	0.35	0.41	0.08		-0.01	0.42	0.43	-0.01	0.37	0.35	0.26	0.61	0.13	0.4	0.46	0.45	0.32	0.38	-0.17
Cash	0.61	0.73	0.69	0.24	0.17	0.71	0.72	0.61	0.65	0.59	-0.01		0.72	0.41	1.0	0.48	0.74	0.75	0.35	0.57	0.69	0.59	0.68	0.14	0.77	-0.56
Non Current Assets Total	0.9	1.0	0.99	0.55	0.63	0.96	1.0	0.9	0.99	0.32	0.42	0.72		0.73	0.72	0.6	0.99	0.97	0.7	0.88	0.99	0.81	0.82	0.52	0.95	-0.78
Non Currrent Assets Other	0.49	0.71	0.73	0.23	0.45	0.67	0.73	0.53	0.74	0.0	0.43	0.41	0.73		0.41	0.49	0.72	0.71	0.37	0.71	0.72	0.55	0.5	0.41	0.62	-0.71
Cash And Short Term Investments	0.61	0.73	0.69	0.24	0.17	0.71	0.72	0.61	0.65	0.59	-0.01	1.0	0.72	0.41		0.48	0.74	0.75	0.35	0.57	0.69	0.59	0.68	0.14	0.77	-0.56
Net Receivables	0.54	0.61	0.55	0.29	0.29	0.5	0.62	0.5	0.54	0.68	0.37	0.48	0.6	0.49	0.48		0.57	0.59	0.58	0.44	0.56	0.91	0.82	0.23	0.54	-0.51
Non Current Liabilities Total	0.87	0.99	0.99	0.54	0.57	0.95	0.98	0.88	0.98	0.29	0.35	0.74	0.99	0.72	0.74	0.57		0.97	0.68	0.91	0.99	0.79	0.81	0.45	0.95	-0.81
Inventory	0.87	0.96	0.96	0.35	0.54	0.97	0.95	0.83	0.96	0.3	0.26	0.75	0.97	0.71	0.75	0.59	0.97		0.54	0.93	0.96	0.78	0.74	0.5	0.88	-0.84
Other Current Assets	0.7	0.72	0.69	0.9	0.67	0.56	0.71	0.77	0.7	0.32	0.61	0.35	0.7	0.37	0.35	0.58	0.68	0.54		0.5	0.72	0.74	0.87	0.42	0.75	-0.41
Other Stockholder Equity	0.76	0.87	0.92	0.33	0.58	0.92	0.85	0.76	0.92	0.05	0.13	0.57	0.88	0.71	0.57	0.44	0.91	0.93	0.5		0.91	0.64	0.62	0.55	0.8	-0.89
Total Liab	0.88	0.99	1.0	0.57	0.67	0.95	0.98	0.9	1.0	0.25	0.4	0.69	0.99	0.72	0.69	0.56	0.99	0.96	0.72	0.91		0.79	0.81	0.56	0.95	-0.8
Property Plant And Equipment Gross	0.81	0.82	0.78	0.45	0.5	0.75	0.83	0.78	0.78	0.6	0.46	0.59	0.81	0.55	0.59	0.91	0.79	0.78	0.74	0.64	0.79		0.92	0.4	0.75	-0.58
Total Current Assets	0.75	0.84	0.79	0.68	0.53	0.72	0.83	0.78	0.78	0.62	0.45	0.68	0.82	0.5	0.68	0.82	0.81	0.74	0.87	0.62	0.81	0.92		0.36	0.86	-0.6
Short Term Debt	0.53	0.51	0.57	0.22	0.95	0.5	0.49	0.56	0.59	-0.11	0.32	0.14	0.52	0.41	0.14	0.23	0.45	0.5	0.42	0.55	0.56	0.4	0.36		0.44	-0.43
Intangible Assets	0.82	0.96	0.94	0.66	0.59	0.89	0.95	0.86	0.93	0.42	0.38	0.77	0.95	0.62	0.77	0.54	0.95	0.88	0.75	0.8	0.95	0.75	0.86	0.44		-0.71
Common Stock	-0.52	-0.77	-0.8	-0.28	-0.46	-0.8	-0.75	-0.51	-0.8	-0.09	-0.17	-0.56	-0.78	-0.71	-0.56	-0.51	-0.81	-0.84	-0.41	-0.89	-0.8	-0.58	-0.6	-0.43	-0.71

Click cells to compare fundamentals

Clearway Energy Account Relationship Matchups

Clearway Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	104M	109M	116M	117M	134.6M	98.9M
Total Assets	9.7B	10.6B	12.8B	12.3B	14.7B	9.0B
Short Long Term Debt Total	7.0B	7.3B	8.3B	7.4B	8.7B	5.8B
Other Current Liab	16M	161M	678M	240M	187M	124.4M
Total Current Liabilities	2.1B	634M	1.6B	617M	906M	765.6M
Total Stockholder Equity	1.8B	1.8B	1.8B	2.2B	2.1B	1.7B
Property Plant And Equipment Net	6.3B	7.6B	8.2B	7.9B	10.1B	5.9B
Current Deferred Revenue	112M	123M	138M	119M	136M	98.3M
Net Debt	6.9B	7.0B	8.1B	6.7B	8.1B	5.5B
Retained Earnings	(72M)	(84M)	(33M)	463M	361M	379.1M
Accounts Payable	105M	89M	181M	55M	161M	105.5M
Cash	155M	268M	179M	657M	535M	276.3M
Non Current Assets Total	9.1B	9.9B	11.3B	11.0B	13.1B	8.2B
Non Currrent Assets Other	103M	115M	107M	40M	157M	95.7M
Cash And Short Term Investments	155M	268M	179M	657M	535M	276.3M
Net Receivables	118M	143M	144M	153M	345M	362.3M
Liabilities And Stockholders Equity	9.7B	10.6B	12.8B	12.3B	14.7B	9.0B
Non Current Liabilities Total	5.4B	7.2B	7.9B	7.7B	8.8B	5.5B
Other Current Assets	295M	313M	1.2B	419M	625M	656.3M
Other Stockholder Equity	1.9B	1.9B	1.9B	1.8B	1.7B	1.6B
Total Liab	7.4B	7.9B	9.5B	8.3B	9.7B	6.3B
Property Plant And Equipment Gross	6.3B	7.6B	8.2B	7.9B	13.6B	14.3B
Total Current Assets	608M	708M	1.5B	1.3B	1.6B	1.6B
Short Term Debt	1.8B	384M	772M	322M	558M	481.0M
Intangible Assets	1.4B	1.4B	2.5B	2.6B	2.4B	1.4B
Net Tangible Assets	422M	1.8B	(665M)	2.2B	2.6B	2.7B
Long Term Debt	5.0B	6.6B	6.9B	6.5B	7.5B	6.0B
Non Current Liabilities Other	121M	523M	173M	201M	287M	172.7M
Property Plant Equipment	6.3B	7.2B	8.2B	7.4B	8.5B	6.1B
Other Liab	130M	217M	382M	623M	716.5M	752.3M
Other Assets	195M	218M	202M	70M	63M	59.9M
Long Term Investments	1.2B	741M	381M	364M	360M	561.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

300825	Iat Automobile Technology
600666	Aurora Optoelectronics Co
000678	Xiangyang Automobile Bearing

Other Information on Investing in Clearway Stock

Balance Sheet is a snapshot of the financial position of Clearway Energy at a specified time, usually calculated after every quarter, six months, or one year. Clearway Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clearway Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Clearway currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Clearway Net Income vs Capital Expenditures Analysis

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Net Income

Capital Expenditures

Clearway Energy fundamental ratios Correlations

Clearway Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Clearway Energy fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Clearway Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Net Debt

Common Stock	- 0.89	Other Stockholder Equity
Common Stock	- 0.84	Inventory
Common Stock	- 0.81	Non Current Liabilities Total
Common Stock	- 0.8	Total Liab
Common Stock	- 0.8	Net Debt
Common Stock	- 0.8	Total Stockholder Equity